Page 3 - Merchant Category Code News Today

The Wyoming Senate unanimously passed a bill that would prohibit a financial institution operating in the state from requiring the use of a firearms code that distinguishes firearms businesses from other retail businesses.

Titled the Second Amendment Privacy Act, the legislation would prohibit financial institutions from requiring or incentivizing a merchant category code that distinguishes a firearms retailer from other retailers. It would also bar financial institutions or credit card processors from independently assigning the same.

Titled the Firearm Purchaser’s Privacy Act, the proposed law would prohibit a payment card network from requiring a New Hampshire merchant from using a "firearms code" defined as "merchant category code 5723, approved in September 2022 by the International Organization for Standardization, for firearms retailers."

The Utah House passed a bill that would prohibit financial institutions operating in the state from using a credit card merchant code that would enable the tracking of firearm and ammunition purchases.

Titled the Firearm Purchaser’s Privacy Act, the proposed law would prohibit a payment card network from requiring a New Hampshire merchant from using a "firearms code" defined as "merchant category code 5723, approved in September 2022 by the International Organization for Standardization, for firearms retailers."

Today marks six years since 17 people were killed at Marjory Stoneman Douglas High School in Parkland Florida. Florida representatives Maxwell Frost and Jared Moskowitz, along with Chair of the Gun Violence Prevention Task Force Mike Thompson (D-California), are set to hold a news conference to introduce new legislation in hopes of preventing gun violence.

A Wyoming bill would prohibit a financial institution operating in the state from requiring the use of a firearms code that distinguishes firearms businesses from other retail or sporting goods businesses.

A Georgia House committee has passed a bill that would prohibit financial institutions operating in the state from using a credit card merchant code that would enable the tracking of firearm and ammunition purchases.

Open forum letters to editor for Tuesday, Feb. 13, 2024.

The bill would prohibit any merchant retailer or sporting goods retailer in the state from using a firearms or ammunition merchant category credit card code. Any individual would be allowed to file a complaint with the State Attorney General in response to an alleged violation; they could also file a complaint in court.